On November 1, Mr. Zhandos Nurmaganbetov, Director General of the KAZENERGY Association, participated in the Kazakhstan Global Investment Roundtable (KGIR-2024), which brought together over 500 participants, including representatives of international companies, investors, and experts, in Astana.
As part of the event, Mr. Nurmaganbetov attended the plenary session chaired by Mr. Olzhas Bektenov, Prime Minister of the Republic of Kazakhstan, the award ceremony for the best investor companies, and the signing of key commercial agreements.
In his speech at the panel session on the prospects for the development of the oil and gas industry, Mr. Nurmaganbetov presented a report highlighting the importance of adapting Kazakhstan’s financial and tax environment to attract international investment. He emphasized the country's role as a key player in the global energy market and introduced KAZENERGY's initiatives to improve the investment climate, particularly the Improved Model Contract mechanism designed to stimulate capital inflows into complex onshore and offshore projects.
KGIR-2024 has become an important platform for exchanging opinions and establishing new business ties between Kazakhstan and international business representatives, strengthening the foundation for further economic cooperation and enhancing the country's investment potential.
The KAZENERGY Association will continue to support the development of key initiatives aimed at strengthening Kazakhstan's position in the global market, creating favorable conditions for foreign investors, and promoting sustainable economic growth in the oil, gas, and energy industries.